---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-069428"
form_type: "8-K"
ticker: "MRAI"
cik: "0001844392"
company_name: "Marpai, Inc."
filed_at: "2023-12-11T23:59:59+00:00"
generated_at: "2026-06-07T15:04:36.412458+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Marpai extends former CEO Gonzalez option exercise period and issues warrant; former CFO Bibring gets $127,500 severance

## Summary
- Gonzalez: exercise period extended to Dec 6, 2024 for 464,308 vested options under 2021 Global Stock Incentive Plan.
- Gonzalez also receives a warrant for 140,000 shares at $2.50 exercise price, $0.23 purchase price, 5-year term, cashless exercise.
- Former CFO Yoram Bibring receives severance equal to six months' base salary, totaling $127,500.

## SEC filing metadata
- accession: 0000950170-23-069428
- form_type: 8-K
- ticker: MRAI
- cik: 0001844392
- company_name: Marpai, Inc.
- filed_at: 2023-12-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844392/000095017023069428/0000950170-23-069428-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844392/000095017023069428/mrai-20231205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-069428
- JSON: https://secwatch.observer/filing/0000950170-23-069428.json
- Plain text: https://secwatch.observer/filing/0000950170-23-069428.txt

## Key facts
- Executive change
  Yoram Bibring departed as Chief Financial Officer at Marpai, Inc..
  - Role: Chief Financial Officer
  source text: On December 5, 2023, the Company executed a Separation Agreement (the "Bibring Agreement") with Yoram Bibring, the Company’s former Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844392/000095017023069428/0000950170-23-069428-index.htm
- Executive change
  Edmundo Gonzalez departed as Chief Executive Officer at Marpai, Inc..
  - Role: Chief Executive Officer
  source text: On December 6, 2023, Marpai, Inc. (the "Company") executed a Separation Agreement (the "Gonzalez Agreement") with Edmundo Gonzalez, the Company’s former Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844392/000095017023069428/0000950170-23-069428-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.